News for 'Circular'

Har Ghar Tiranga: Disposal of flags a matter of concern

Har Ghar Tiranga: Disposal of flags a matter of concern

Rediff.com13 Aug 2022

The Municipal Corporation of Delhi said it has given special instructions to its Safai Sainiks to collect dishevelled or soiled flags separately.

Stocks brokers to face 'financial disincentives' for tech glitches in their trading systems

Stocks brokers to face 'financial disincentives' for tech glitches in their trading systems

Rediff.com25 Nov 2022

Markets watchdog Sebi on Friday directed stock exchanges to impose "financial disincentives" on stock brokers for technical glitches at their end, amid instances of snags at the brokers' end impacting the overall trading system. Besides, the stock brokers would have to inform the bourses within one hour of any glitch happening in their trading sysstems as well as submit a preliminary incident report in one day. As part of tightening the regulations, Sebi also said that the bourses should disseminate on their websites the instances of technical glitches occurring in the trading systems of stock brokers along with the Root Cause Analysis (RCA) of such issues.

ITC ties up with IIT Delhi to support R&D

ITC ties up with IIT Delhi to support R&D

Rediff.com3 May 2022

Diversified entity ITC Ltd on Tuesday said it has entered into a partnership with IIT Delhi to support research in identified STEM (science, technology, engineering and mathematics) areas. A memorandum of understanding has been signed to this effect with the institute with an aim to accelerate India's journey towards achieving its sustainable development goals (SDGs), ITC said in a statement. Currently, the areas identified for research are energy storage, low carbon cold transportation, and plastic biodegradation to name a few and will further pave the way for more research in the areas of mutual interest, it added.

BSE, NSE come out with guidelines on tech glitches

BSE, NSE come out with guidelines on tech glitches

Rediff.com17 Dec 2021

Leading stock exchanges BSE and NSE have put out comprehensive guidelines for handling technical glitches at members' end in order to prevent disruptions. Under the new framework, members will have to pay Rs 20,000 per day in case of failure to report the incident to the exchanges within the required timeline, BSE and NSE said in separate circulars. The guidelines outline technology infrastructure and system requirements that a member should put in place to prevent any incident of business disruption resulting from technical glitches.

1,900 private security guards to be deployed at airports

1,900 private security guards to be deployed at airports

Rediff.com26 Aug 2022

ersonnel in a revamp that aims to provide cost-effective, reliable, and professionally competent security service at airports. Aneesh Phadnis reports.

SC punctures RBI's efforts to fight bad loans

SC punctures RBI's efforts to fight bad loans

Rediff.com2 Apr 2019

RBI had on February 12, 2018 issued a circular saying that lenders have to provide for resolution plan within 180 days in case of large account of Rs 2,000 crore and above.

Bharat Jodo Yatra organisers get HC rap

Bharat Jodo Yatra organisers get HC rap

Rediff.com23 Sep 2022

Justice Devan Ramachandran, in an order issued on Thursday evening, said it was a tragedy that the orders of the court and the competent authorities are 'given absolutely no respect' by persons and entities 'who are in charge of the future of this nation'.

Deity is owner of land attached to temple, not priest: SC

Deity is owner of land attached to temple, not priest: SC

Rediff.com7 Sep 2021

"The Pujari is only a grantee to manage the property of the deity and such grant can be reassumed if the Pujari fails to do the task assigned to him, i.e, to offer prayers and manage the land. He cannot be thus treated as a Bhumiswami," the bench said.

RBI junks banks' plea on stressed assets

RBI junks banks' plea on stressed assets

Rediff.com18 Nov 2019

Loans of over Rs 1.8 trillion, for which agreement has been signed by banks, are likely to be referred to IBC.

CBI files 3 fresh FIRs against Mehul Choksi in Rs 6,700-cr PNB fraud case

CBI files 3 fresh FIRs against Mehul Choksi in Rs 6,700-cr PNB fraud case

Rediff.com17 Dec 2022

The diamantaire's counsel said there is a vigilance manual circular that the consortium can lodge only one FIR. Each consortium member cannot lodge separate FIRs, he said.

K'taka bans hijab, saffron scarves in minority welfare dept-run schools

K'taka bans hijab, saffron scarves in minority welfare dept-run schools

Rediff.com18 Feb 2022

The Karnataka government on Thursday ordered that the students studying in schools managed by the minority welfare department schools in the state should not wear saffron scarves, hijab or any religious flags.

BOI drags Future Retail to insolvency tribunal NCLT

BOI drags Future Retail to insolvency tribunal NCLT

Rediff.com14 Apr 2022

Public sector lender Bank of India has moved to the National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against Future Retail Ltd and a moratorium over the assets of the Kishore Biyani-led debt-ridden firm. Besides, Bank of India (BOI), the lead banker of a consortium of banks that lent money to Future Retail Ltd (FRL), also suggested the insolvency tribunal appoint Vijay Kumar V Iyer as the interim professional of the company. Meanwhile FRL, in a regulatory filing, said it has been served and received a copy of the petition and is in the "process of taking legal advice".

'No govt job to protesters': Bihar police's missive sparks row

'No govt job to protesters': Bihar police's missive sparks row

Rediff.com3 Feb 2021

The opposition hit the roof and likened rulers of the state to Hitler, Mussolini and Kim Jong Un, though the department came out with a clarification that the controversy was stemmed from 'wrong interpretation' of a paragraph in the missive that ran into many pages.

Settling trade in rupee: FTP tweaks may allow traders export benefits

Settling trade in rupee: FTP tweaks may allow traders export benefits

Rediff.com15 Jul 2022

The Union government will soon make amendments to the foreign trade policy (FTP) to enable exporters to claim export benefits for settling trade in rupees. These benefits are, so far, available for export payments received in foreign currencies. After the Reserve Bank of India (RBI) unveiled a mechanism to settle international trade transactions in the local currency on Monday, exporters have been demanding that the Ministry of Commerce and Industry come up with a clarification on the matter.

Govt teachers among 1K staff sent notice in MP over 2-child norm violation

Govt teachers among 1K staff sent notice in MP over 2-child norm violation

Rediff.com2 Apr 2022

The education department official said that the administration did not inform the employees about this rule.

India-England Tests in Chennai to be played behind closed doors

India-England Tests in Chennai to be played behind closed doors

Rediff.com22 Jan 2021

First two Tests would be played without spectators as per a BCCI directive, considering the prevailing COVID-19 situation.

De-board flyers not wearing mask 'properly': DGCA to airlines

De-board flyers not wearing mask 'properly': DGCA to airlines

Rediff.com13 Mar 2021

Seeking to ensure strict adherence to COVID-19 protocols by air travellers, aviation regulator Directorate General of Civil Aviation (DGCA) on Saturday asked airlines to de-board passengers who do not wear their mask 'properly' despite repeated warnings.

Why BSE capped the price movement of select scrips

Why BSE capped the price movement of select scrips

Rediff.com13 Aug 2021

The latest circular from BSE that sought to cap the price movement of select scrips, especially the mid-, small-cap segments, traded on the exchange is not without a reason. A quick calendar year-to-date price check on the stocks from the categories put under 'Add-on Price Band Framework' by the BSE reveals a total of 210 stocks have seen their market price more than double. Among individual stocks, SC Agrotech, Adinath Textiles, Waaree Renewable Technologies, Steel Strips Infrastructure, Unistar Multimedia, Texel Industries, Raja Bahadur International and Hindustan Everest Tools from the BSE's X and XT group have rallied over 500 per cent during this period. Topping the charts is Gita Renewable Energy, which has zoomed 3,964 per cent to Rs 272.35 now from Rs 6.7 as on December 31, 2020.

Companies allowed to extend AGMs by up to 3 months

Companies allowed to extend AGMs by up to 3 months

Rediff.com20 Aug 2020

Indian companies are required to hold AGMs within six months of closure of the financial year.

India extends ban on international flights till Sep 30

India extends ban on international flights till Sep 30

Rediff.com29 Aug 2021

India has formed air-bubble pacts with around 28 countries, including the United States, the United Kingdom. the United Arab Emirates, Kenya, Bhutan and France.

Modi govt bars retired bureaucrats from writing books

Modi govt bars retired bureaucrats from writing books

Rediff.com2 Jun 2021

The move comes ahead of two retired security experts planning to write a book against the government's Pakistan policy.

ISRO's PSLV-C54 places earth observation satellite into orbit

ISRO's PSLV-C54 places earth observation satellite into orbit

Rediff.com26 Nov 2022

The mission objective is to ensure data continuity of ocean color and wind vector data to sustain the operational applications.

After bench's criticism, SC comes up with new case listing system

After bench's criticism, SC comes up with new case listing system

Rediff.com21 Sep 2022

A day after a full court meeting and to allay the concerns of lawyers and litigants on matters not being taken up for hearing due to paucity of time, the Supreme Court on Wednesday came out with a new mechanism in which a miscellaneous case "not taken up" for hearing will be listed the next day.

International passenger flights to remain suspended till Nov 30

International passenger flights to remain suspended till Nov 30

Rediff.com28 Oct 2020

But special international flights have been operating under the Vande Bharat Mission since May and under the bilateral 'air bubble' arrangements with selected countries since July.

'Reduce slavery to foreign goods': Modi calls for 'vocal for local'

'Reduce slavery to foreign goods': Modi calls for 'vocal for local'

Rediff.com6 May 2022

He asked to focus on the 'vocal for local' mantra during the 'Azadi ka Amrit Mahotsav' celebrations.

Modi holds meet on cryptos as Karnataka battles Bitcoin scam charge

Modi holds meet on cryptos as Karnataka battles Bitcoin scam charge

Rediff.com14 Nov 2021

Amid concerns over misleading claims of huge returns on cryptocurrency investment, Prime Minister Narendra Modi on Saturday chaired a meeting on the way forward on the issue, with government sources asserting that such unregulated markets cannot be allowed to become avenues for "money laundering and terror financing".

With one launch per day, NFOs are back with all guns blazing

With one launch per day, NFOs are back with all guns blazing

Rediff.com14 Sep 2022

The Rs 38-trillion mutual fund (MF) industry is going through a new fund offer (NFO) rush. Since July 1, the industry has launched close to 70 NFOs. This follows the completion of a near three-month embargo period when the industry had vowed to not launch any new offerings till the time it implemented norms around pooling of investor accounts. As a result, between April and June 2022, the industry was able to launch just three NFOs.

Maha asks landlords to give tenants rent breather for 3 months

Maha asks landlords to give tenants rent breather for 3 months

Rediff.com17 Apr 2020

In a circular issued on Friday, Additional Chief Secretary (Housing Department) Sanjay Kumar also asked landlords not to drive tenants out of their homes if they fail to pay rents during the current period.

'Mughals had nothing to do with Mughal Gardens at Rashtrapati Bhavan'

'Mughals had nothing to do with Mughal Gardens at Rashtrapati Bhavan'

Rediff.com3 Feb 2023

'William Mustoe, the director of horticulture during British rule, named the Presidential Palace garden after the Mughals.' 'He simply kept the name because it was made on the pattern of a Mughal garden.''He simply kept the name Mughal gardens because it was made on the pattern of Mughal garden.'

Madras HC rules that banned police orderly system needs to end in state

Madras HC rules that banned police orderly system needs to end in state

Rediff.com25 Jul 2022

Justice SM Subramaniam said the higher police officials are expected to maintain not only good conduct, "but their actions must be always in consonance with the constitutional principles."

SSLV's second flight scheduled in first quarter of this year: ISRO

SSLV's second flight scheduled in first quarter of this year: ISRO

Rediff.com1 Feb 2023

The SSLV is designed to be affordable and amenable to industry production and aimed to function as a launch-on-demand platform for mini, micro or nano satellites.

SC judge recuses from hearing Bilkis Bano's plea, new bench to be set up

SC judge recuses from hearing Bilkis Bano's plea, new bench to be set up

Rediff.com13 Dec 2022

Supreme Court judge Bela M Trivedi on Tuesday recused herself from hearing a plea filed by Bilkis Bano, who was gang-raped and seven members of her family killed during the 2002 Gujarat riots, challenging the remission of sentence of 11 convicts in the case by the state government.

Man who peed on Air India co-passenger held, sent to 14-day custody

Man who peed on Air India co-passenger held, sent to 14-day custody

Rediff.com7 Jan 2023

A Delhi court on Saturday sent Shankar Mishra, accused of urinating on a woman co-passenger on an Air India flight, to judicial remand for 14 days while rejecting a plea by police for his custody.

Realty group IREO's Lalit Goyal arrested by ED on money laundering charges

Realty group IREO's Lalit Goyal arrested by ED on money laundering charges

Rediff.com16 Nov 2021

The Enforcement Directorate (ED) has arrested the vice chairman and managing director of real estate group IREO, Lalit Goyal, in connection with a money laundering probe against him, officials said on Tuesday. The businessman has been taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA) by the federal probe agency in Chandigarh and will be produced before a local court for seeking his remand, they said. Goyal was stopped by immigration authorities last Thursday at the Indira Gandhi International (IGI) airport in New Delhi on the basis of an ED look out circular against him.

JNU edits 'misogynist' invitation after outrage

JNU edits 'misogynist' invitation after outrage

Rediff.com29 Dec 2021

Under the subhead 'why is this counselling session required', the contentious point has now been replaced with, 'Boys will be counselled to clearly distinguish between friendship and behaviour that may be considered sexual harassment. Girls will be counselled how to avoid sexual harassment.'

'Irrfan never felt he was a master of acting'

'Irrfan never felt he was a master of acting'

Rediff.com27 Apr 2023

'For him to suddenly leave the way that he did, it shattered me.' 'It took me a long, long, time to come to terms with it.' 'Because the loss of such a friend can destroy you.' 'The loss was and continues to be immense.'

No action against firms for non-payment of wages during lockdown: SC

No action against firms for non-payment of wages during lockdown: SC

Rediff.com12 Jun 2020

A bench of Justices Ashok Bhushan, Sanjay Kishan Kaul and M R Shah said industries and employees need each other and they should sit together to arrive at a settlement on the issue of payment of wages.

Hijab row: K'taka extends holiday for PU colleges till Feb 15

Hijab row: K'taka extends holiday for PU colleges till Feb 15

Rediff.com12 Feb 2022

The government has already ordered closure of the degree and diploma colleges till February 16.

ITR filing extension: No relief to taxpayers on interest liability

ITR filing extension: No relief to taxpayers on interest liability

Rediff.com20 Sep 2021

The Central Board of Direct Taxes (CBDT) has extended various tax returns filing deadlines till December 31 this year but it will continue to levy interest on delayed payments made after July 31, the original due date. Officials say tax payment has to be done through net banking, and the assessee doesn't need to use the e-filing portal, which has been facing glitches. So, taxpayers have to bear the interest payment liability of 1 per cent per month on the outstanding tax for those who filed a return after July 31.

SC dismisses Bilkis Bano's plea seeking review of its earlier order

SC dismisses Bilkis Bano's plea seeking review of its earlier order

Rediff.com17 Dec 2022

Bano was gang-raped and seven members of her family were killed during the 2002 Gujarat riots.